The Internal Revenue Service (IRS) announced earlier this week that it will issue an automatic two-month extension of the upcoming Affordable Care Act (ACA) 1094/1095 reporting deadlines. IRS Notice 2016-4 provided that the extension is being allowed because employers, insurers and other providers needed “additional time to adapt and implement systems to gather, analyze and report this information.”
|Required Reporting||Original Deadline||Extended Deadline|
|2015 Forms 1095-B or 1095-C (as applicable) to individuals||February 1, 2016||March 31, 2016|
|2015 Forms 1094-B/1095-B or 1094-C/1095-C (as applicable) to the IRS (if NOT filing electronically)||February 29, 2016||May 31, 2016|
|2015 Forms 1094-B/1095-B or 1094-C/1095-C (as applicable) to the IRS (if filing electronically)||March 31, 2016||June 30, 2016|
Need employer instructions on filling out these forms? Watch this free webinar by MedCost General Counsel Brad Roehrenbeck.